TSLA - Global X Lithium & Battery Tech ETF: Growth Perspectives Remain Intact

• For every solar panel installed to generate electricity, it is imperative to plan energy storage in batteries.
• For batteries which are used in EVs (Electric Vehicles) or in renewal energy power stations, Lithium is much more advantageous than the traditional lead-acid batteries.
• In this case, the Global X Lithium & Battery Tech ETF provides exposure to the whole ecosystem of the metal, right from production in the mine to battery manufacturing.
• While growth drivers are present, it is important to go in-depth to understand the China exposure.
• A comparison with Invesco's TAN provides an idea of potential upside considering that LIT has already seen an 80% appreciation in the last two months alone.

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